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> In all likelihood, the UK will leave the EU, but retain access to the single market through the EEA. This will enable us to enter into free trade deals with t
by yarou 10y ago
> In all likelihood, the UK will leave the EU, but retain access to the single market through the EEA. This will enable us to enter into free trade deals with the rest of the world, which we are not able to do as EU members. There is nothing narrow minded about that.
You realize that most of the trade deals for the UK will not be favorable at all, right? As you mentioned, the UK has a negative trade balance.
If you voted for leave, you voted for the balkanization of Europe, and possibly the UK itself. History has proven time and time again that this is a bad and short-sighted idea (India/Pakistan partition, former Yugoslavian republics, Middle East, etc). It wouldn't surprise me if Canary Wharf suddenly relocated to Germany.
- smm2000 10y agoActually negative trade balance allows you to get better terms than reverse. The country that export more has more to lose from tariffs and benefits more from lower rates.